Onshore/Offshore Facilities
Project financing raised by JP Morgan will enable YPF and its partners Eni and ADNOC’s XRG to launch Phase 2 of Argentina LNG, boosting production to 18 mtpa by 2030-2031.
First oil is expected from phase one of the project in 2028, with up to four more phases planned.
The Gorgon Phase 3 project will counter declining reservoir pressure to sustain gas supplies to Western Australia’s domestic market and support LNG exports to Asia.
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Satellite data show nearly 45,000 methane plumes worldwide in the first quarter, triple the number from a year earlier.
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The service company said the cancellation of a 2-GW offshore wind project in the Netherlands means its restructuring plan can no longer be delivered.
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JERA joins Tokyo Gas as a player in the Haynesville as Japan targets the US Gulf Coast as key to building global LNG supply chains.
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The DeepOcean-lead joint industry project aims to advance commercialization of a new patented technology that heats pipeline systems deployed in deepwater where flow assurance can be a challenge.
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BP’s new electric gas compression platform at Shah Deniz, Azerbaijan’s largest natural gas producer, is expected to sustain exports to Europe even as the field enters decline.
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Liquefied natural gas (LNG) exporters in the US plan to more than double the country’s liquefaction capacity by adding an estimated 13.9 Bcf/D between 2025 and 2029.
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SPE Technical Director Hamad Al-Marri shares his outlook of the oil and gas production facilities landscape as it stands on the cusp of a significant transformation. The demand for oil and gas will continue to exist, but the industry will need to adapt to a new reality.
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Citing a lack of profitability, the Norwegian major has chosen to end its electrification efforts in the Halten and Snorre areas.
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The joint venture with Nigeria's Sunlink Energies aims to deliver first production before 2030.
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The companies say they plan to use AI to unlock value from terabytes of data upstream and across FPSO operations.